Refer to Figure 9.5. If the government establishes a price floor of $2.50, how many pounds of berries will be sold?
A) 200
B) 300
C) 400
D) 600
E) 800
A
Economics
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Isocost curves represent
A) least cost combinations of inputs. B) combinations of inputs that can be purchased given their prices for the same total cost. C) a producers cost function. D) None of the above
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Which of the following does NOT contribute to the marginal productivity of workers?
A) discrimination B) talent C) experience D) education
Economics